Good or Bad

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Good or Bad

  1. 1. GOVT. POLICIES (GOOD OR BAD) WITH REFERENCE TO CAIRN INDIA, VEDANTA MINING PROJECT & POSCO <ul><li>PRESENTED BY:- </li></ul><ul><li>RITESH ABROL </li></ul>
  2. 2. <ul><li>Government rejected environment clearance to its $1.7-billion bauxite mining project in Odisha, citing serious violation of forest and environment laws. </li></ul><ul><li>Vedanta Aluminium Limited (VAL), a subsidiary of Vedanta Resources at Lanjigarh, was expected to get 78 million tonnes of bauxite from the proposed Niyamgiri mines.  </li></ul>
  3. 3. <ul><li>The biggest problem with the Vedanta project is that the proposed mining area is inhabited by two of the most endangered Primitive Tribal Groups (PTGs) — Kutia Kondh and Dongaria Kondh. </li></ul><ul><li>To add to it, the habitat of these PTGs has enough bauxite reserves to last just four years. Hence, it is obviously not feasible to displace the Primitive Tribal Groups for such short-term gains. </li></ul>
  4. 4. <ul><li>This project involved over 1,500 hectare of forest land, the decision did not amount to “blacklisting” Vedanta, implying that the firm could seek to mine elsewhere provided it stuck to the rules.  </li></ul>
  5. 5. <ul><li>Govt. will take a decision on a planned $12 billion iron ore mine and steel mill, proposed by South Korea’s Posco, after a government panel submits a report by the end of September. </li></ul><ul><li>The assistant inspector general of forests, & ministry of environment and forests (MoEF), H C Chaudhary, on August 5 shot off a letter that ordered land acquisition work to be stopped at posco’s proposed site. </li></ul>
  6. 6. <ul><li>June 2005 ( Posco signed the MoU) for the state government to hand over the land. </li></ul><ul><li>When the deal was struck, the company claims, it had not known that most of the 4004 acres earmarked for the project was classified as forest land. </li></ul>
  7. 7. <ul><li>The Supreme Court gave its nod for Stage I clearance in 2008 and the MoEF put the final seal of approval in December, 2009. But now a central committee says law has been violated. </li></ul><ul><li>The Posco case mainly involves relatively minor violations of the Forest Rights Act and settlement of claims. The claims of only about 200 Dalit and tribal families need to be settled </li></ul>
  8. 8. <ul><li>Vedanta announced an offer worth up to $9.6 billion for 51-60 percent of Cairn India. </li></ul><ul><li>India’s state-run fuel companies may make a counterbid for oil assets owned by Britain’s Cairn Energy, which mining group Vedanta is seeking to buy. </li></ul>
  9. 9. <ul><li>If mining is permitted on this site, it will not only be illegal, but it will also destroy one of the most sacred sites of the Kondh Primitive Tribal Groups, </li></ul><ul><li>The poor tribals are saying that this development is coming on top of our back and is making them even more poorer. </li></ul>
  10. 10. <ul><li> Underlying all this is a realization in India that enforcing environmental rules does not have to hurt growth, can boost the idea of a rule of law and make government policies transparent. </li></ul>

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